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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Connersville at 226 W 12th St, Connersville, IN, 47331 generates $1,614/mo in rent and, after a $978/mo payment, leaves $414/mo in cash flow. Total monthly income is $1,614/mo, and annual cash flow is $4,973/yr on $66,267 invested. Return on cash invested sits at 27.41% in year one, and rental yield is 9.69% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 142.86% and total cumulative return in cash sums $94,669. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,614/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47331, Connersville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,782 (100%) |
| Owner Occupied HU | 6,646 (61.6%) |
| Renter Occupied HU | 3,033 (28.1%) |
| Vacant Housing Units | 1,103 (10.2%) |
| Median Home Value | $135,068 |
| Average Home Value | $179,715 |
Residential
9,963
Single Family
9,542
Multi-Family
421
Businesses
701
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Darrick Cox • Tudor Square Realty Inc
Mls Name: East Central Indiana AOR
Mls ID: #14514
